Today, the National Bank of Commerce (NBC) management formally welcomed their New Managing Director, Ms. Mizinga Melu. Ms. Melu, was formerly with Standard Chartered Zambia, where she served 6 years as the Managing Director of the bank.
Mizinga is a seasoned banker, with a vast industry experience, having previously served in several other senior roles at Standard Chartered. The roles include Global Head of Development Organisations in the United Kingdom where she was responsible for strategy development and implementation as well as Africa Regional Head of Financial Institutions in Kenya and South Africa where she led formulation of Standard Chartered’s FI business strategy in Africa.
Ms. Melu is not new to Tanzania, as she had previously served as Head of Treasury at Standard Chartered Bank Tanzania between 2000 and 2003. Prior to the role, she acted as Head of Treasury in Uganda and Zambia in 1998 and 1999, respectively.
Mizinga holds a Masters in Business Administration (MBA) from Henley Management College (UK) and is an Associate of the Chartered Institute of Bankers (A.C.I.B). In addition, she holds numerous other banking qualifications.
Commenting on the appointment, NBC Board of Directors Chairman, Dr. Mussa Assad said, “Mizinga’s arrival is an exciting juncture for all of us as she comes at a time where NBC is undergoing tremendous positive changes, and we are glad she will be right in the centre of these changes.” He also added “ Prior to her arrival, the bank was being managed by Pius Tibazarwa, who has shown great leadership and has delivered on all expectations placed upon him during this time, and we would like to thank him for his tireless effort in executing duties of the Managing Director, on top of his contracted role”.
Ms. Melu will be taking over from Interim Managing Director Pius Tibazarwa, who is also Head of Treasury at NBC. Mr. Tibazarwa has been upholding the Managing Director’s office, since the beginning of the year.
Mizinga is scheduled to meet regulators, senior government officials and customers for a formal introduction before proceeding to upcountry branches in the following months to meet NBC staff.
NBC is one of the most represented retail bank in the country with 45 years experience in providing financial services. Apart from offering traditional banking services, NBC also prides itself with an expanded branch network and footprint. NBC has 52 branches, 285 Visa enabled ATMs, and over 250 Points of Sales strategically located throughout the country. NBC currently employs over 1200 staff